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Belfest has been revealed as the most affordable city for students to live and study in followed closely by Nottingham and Southampton, as shown by recent study.
The 2015 student Living index, conducted by NetWest, interviewed just under 2,500 students to see what they’re spending their time and money on. The index was judged on four key aspects of student life, including: essentials (such as groceries, rent and travel); socializing; sports and fitness; and hobbies and interests.
The index has provided a detailed insight into student life in the UK and offers and table of the top-25 most economical student cities.
As well as revealing that Belfast was the most economical, the study showed that Portsmouth is the mo st cost-effective city for students to socialize but Newcastle’s students spend the most hours socializing. In addition to this, it was revealed that students are spending less on groceries in comparison to last year’s results but are eating out on a more regular basis.
For the 2,486 students who were in interviews, the majority of their time is spent studying, 27.5 hours per week, compared to the 12.5 hours spent socializing and the four and half hour spent in part-time work. The index also showed the students at Cambridge and Oxford spend most if their time studying but those at Southampton work the longest hours and receive the most-term-time income.
The majority of students are paying for their costs with their students loans the study reveled. Money from parents was the second main course of income for students. According to the report, here are the top five best cities for students to live and study in Belfast.